{
  "id": 19831806,
  "title": "Bitcoin Could Crash Below $10,000, Peter Schiff Warns: ‘Get the Hell Out’",
  "url": "https://urgent.news/2026/11/13/bitcoin-could-crash-below-10-000-peter-schiff-warns-get-the-hell-out",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-13T15:49:36.000Z",
  "source": {
    "name": "Benzinga",
    "slug": "benzinga",
    "url": "https://www.benzinga.com/crypto/cryptocurrency/26/11/63247338/bitcoin-could-crash-below-10000-peter-schiff-warns-get-the-hell-out"
  },
  "original_language": "en",
  "account": "Peter Schiff warns that Bitcoin could plummet below $10,000, urging investors to exit now before a larger crash occurs. He points out that this is Bitcoin's first occurrence of two consecutive down years in its 18-year existence, after a 6.5% decline last year and an estimated 18.5% drop this year. Schiff argues that despite a favorable political climate, no Bitcoin-related strategic reserve, and recent reorientation toward crypto, the asset still declined. He suggests that those still holding Bitcoin are \"bag holders\" left exposed once the hype fades. Moreover, Bitcoin's lack of income, dividends, or rent means it cannot be supported by traditional fundamentals like gold or the S&P 500. Schiff anticipates that a potential Democratic win in 2028 could exacerbate the situation by selling off the remaining Bitcoin in the government's strategic reserve, further depressing prices. He also believes the Federal Reserve's upcoming rate hike will not significantly curb inflation, as real interest rates are already falling, and money supply continues to expand at nearly 6% annually. Lastly, Schiff dismisses the market's reaction to Nvidia CEO Jensen Huang's resignation, emphasizing that the AI buildout is bigger than one individual and that the broader market will eventually correct.",
  "summary": "Bitcoin (CRYPTO: BTC) could crash well below $10,000, Peter Schiff warns, telling investors to \"get the hell out\" now rather than wait for a bigger collapse later. Bitcoin’s Two-Year Losing Streak Breaks an 18-Year Pattern Schiff told Bitcoin Magazine Thursday that Bitcoin has never posted two consecutive down years in its 18-year history, a streak now set to break after last year’s 6.5% decline…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}